Top Midday Gainers
-- Rackspace Technology shares jumped 36% after Raymond James upgraded the stock to outperform from market perform. The brokerage has a $3.50 price target on the stock. Intraday trading topped...
Source: marketscreener.com
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Raymond James Upgrades Rackspace Technology to Outperform From Market Perform, Price Target at $3.50
-- Rackspace Technology has an average investment rating of hold among analysts polled by Capital IQ, with price targets ranging from $1.50 to $3.50. Price: 1.6, Change: +0.12, Percent Change:...
Source: marketscreener.com
Rackspace Technology, Inc.: Rackspace Technology Reports First Quarter 2023 Results
Revenue of $759 million in the First Quarter, down 2% Year-over-YearPublic Cloud Revenue grew 7% Year-over-Year to $445 millionPrivate Cloud Revenue was $314 million, down 12% Year-over-YearFirst Quarter
Source: finanznachrichten.de
Rackspace Technology Reports First Quarter 2023 Results
Non-GAAP Other Income 1 – millionNon-GAAP Tax Expense Rate26 %Non-GAAP Weighted Average Shares214 – 216 million 1 Non-GAAP Other Income is only expected to include interest expense. ... | May 9, 2023
Source: marketscreener.com
Despite earnings and revenue beat, Rackspace's stock sinks on weak outlook
Despite earnings and revenue beat, Rackspace's stock sinks on weak outlook - SiliconANGLE
Source: siliconangle.com